Just want to remind you guys every city in the USA is looking to have LED lights in the next 20 years. I post Cleveland's LED testing a few days ago but just google any "city LED Street Lights", I never did my own city till now and here is what I got..........
Mr. Peduto said Mr. Grah is looking for a local partner to help in creating a North American company and in building an assembly and eventual manufacturing plant.
The Slovenian entrepreneur has narrowed his list to a handful of cities, including Pittsburgh, Cleveland and Denver. Mr. Peduto said Millcraft's involvement could give the Steel City an edge because of its background in steel and its connections in European business markets.
"Knowing both men, I think there's a really good opportunity for them to get together," Mr. Peduto said.
He stressed the city is committed to landing Mr. Grah's North American headquarters this year, adding that he wants Pittsburgh to be the first major city in the United States to have all LED street lights.
"I have to feel -- with having a partner like Jack Piatt and Millcraft Industries and the commitment of the city government to see this through -- that we have to be considered at the front of a pack now," the mayor said.
Mr. Peduto sees the plant as a part of his goal to bring a new era of manufacturing in Pittsburgh, one built on "the foundation of technology and sustainability."
"Landing this company to Pittsburgh would help to build other opportunities as we look not just around Western Pennsylvania but around the world to make Pittsburgh a manufacturing global leader again," he said.
The North American operation, he said, would start with a small staff charged with assembling parts manufactured in Europe "with the understanding and the commitment that Pittsburgh would become the manufacturing location in the future."
He expects the majority of the street lights in the United States to be converted to LED over the next two decades.
i hope RVLT does what OESX does because RVLT should be doing over 110 mil in revs a year now, similar to OESX
Well revenues has really not been RVLT problem, it's the cost it takes to get those revenues that always leaves them without a profit. You will see GREAT year to year increases because of the mergers not because RVLT earned them by themselves. It will be interesting on how the analysts receive the numbers but I'am not expecting a great report when you get into the weeds and tear it apart. on the other hand a little cheerleading and great expectations always gives this stock an uptick if only for a day.
As for OESX I have 4 times more stock in them as I think they will outperform RVLT big time and they also are eating up companies in the LED field and they always make a profit. Good Luck !
I know the update stated the earnings would be sometime on 03/13 but their web site still has no alert what-so-ever about the earnings that are suppose to be in less than 24 hrs. No respect at all for shareholders ! Yahoo has the earnings release in April 14. 2014 so go figure. I'am sorry this guy running the show for RVLT does not seem to care about the people supporting the company. I heard some commenta about how great he is but he has done NOTHING for the shareholders and seems to care less, well that can work 2 ways !
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Their results are O Strong buys, 1 Buy, 3 Holds, 2 Sells, 1 Strong Sell.
I decided to hold my small position since the PPS is already beat down and it's only 3.54 a share but is in a good business field that i believe in. I would be very surprised if they make a profit but I will give them one more shot. Last April this stock was over 4 bucks, that's almost a year ago. I can't stay with them if they are just going to spin their wheels buying companies at the shareholder expense and not make any money for those same shareholders ! Good Luck to all LONGS ! Where is Sally ? Need her input too !
One thing MGMT. is good at is "SPIN" so the reaction to earnings my be better than I expect !
why would I get a thumbs down for a simple question?
There, I gave you a thumbs up to cancell out the thumbs down ! Anybody want to help with a thumbs up and put us over the top ?
Just kids or people that have nothing to do, I wouldn't worry about it . As a matter of fact it may be somebody that considers you too smart to argue with.
I think you're right and we will close over 4 . The volume is in line to be the lowest in 7 days and there was no afterhours trading everytime I checked it. Things appear to be calming down and the charts , for what it's worth, has us in oversold territory.
TA looks great with potential to begin ripping higher
And with the warmer days I notice the girls in the park are wearing shorts and showing more and more. Great Potential !
I think it's just time to step back an give it some time. As fall as Margin goes it's a good thing that gives you max leverage BUT you have to have backup plans if things go south or your stock drops below $4 with many brokers like TD. I listed some ways I handle it.
1. Deposit on a ACH from your bank. You broker can see the request for the ACH and most will not take any action on your account and wait for the money, they even let you trade on it the next day.
2. Hold a few stocks that have min margin allowed (like HIMX need 70% cash at TD ), or no margin at all which can be used to settle a "call" dollar for dollar instead of 3 to 1.
3. Hold at least 20 stocks. On any given day you can take "profits" on green stocks and buy them back later.
4. Sell your weak stocks even at a loss. I would hate to do this but many times I wuold be surprised that that stock continued to go lower and I was glad I sold it.
Hope that gives you some ideas ! Bottom line, you need a backup plan.Note; Don't EVER let the balance of you account drop to 25% , that's a NEW YORK CALL and they will by law take action on selling your holdings.
yeah i've read that. just can't find out what exact time Thursday they will be having it...
You would think they would give you a window of time, before open or after the close, like every other stock does. They don't have you sign up for the CC has if they just don't care. To many things are not adding up for me. I think I watch the action today just in case there are leaks and may make a move before the close.
Good Luck, who knows, things might be GREAT !
3rd longest bull market in the last 100 years with no signs of pullback. cool...
And it's for all the WRONG REASONS. You can't keep printing money, we will all pay for it in the end !
i thought you were with rvlt and what talking pretty highly of them recently. why the sudden change?
I like to tell it like it is. I always pay more attention to the negative than the positive. I want to know both sides, that is how you make money, that an no emotion. Don't be one of these clowns that only excepts what they want to hear and make nasty comments about others that don't agree, listen to everybody that's civil, the others will always lose because they are blind to what will make them fail. True is I do hold RVLT and I paid close to 5 bucks a share the first time an got burnt on it. I believe they will make it but in addition I always keep a 4 to 1 ratio with another stock. I believe OESX will get there sooner. I need to see 2 things from RVLT, a profit, and much lower cost to obtain revenue. Good Luck !
there are a whole lot of reasons for the overall market to go down, and guess what happens to Hill if NASDAQ pulls back to 4000 or less.
The market is down right now and HILL is up. I don't think the markets will go down from this level and the reasons is in the Nov. elections. That's when we start to undo all the DAMAGE that has been done the last 5 years.I think the markets are going up for along time to come. Good Luck!
Seems RVLT is not too excited about making sure everybody knows the date of the GREAT NEWS EARNINGS! If you go to their web site I could not find any news on the earnings date, the CC., or anything to do with earnings. Seems to me if they were proud of the upcoming results they wouldn't want anyone to miss it. It also is beginning to look like RVLT may just want to be a holding company that mtg.. the other companies.
I'am sorry guys but I'am seeing alot of Red Flags and that comes with getting old, been there, done that, seen this before.
Volume is slowing and the PPS is flat. Some times then we stay in a close range a fund will come in an make a big buy causing the PPS to jump up and stay at a higher level and people wonder why they didn't get in before the jump in price. Bottom line, the risk is much lower and the rewards are much higher at these levels.
If you can't read the SEC filing with confidence, you shouldn't be investing
Alright genius, tell us what the SEC filing said ! Please tell us !
The retail longs on this board are about as dumb as I've ever seen
You're the one that's dumb ! This M.B. has many good posters that know everything is not in a chart. This company is driven with NEWS not charts.
First I think RVLT is a very good stock but not a great stock at this point. I think the buying is a little overdone and I wouldn't look for any great break-out. Take the emotion out of it and think about why this news was released just nefore the earnings release. If you think that there will be not stock dilution you are in for a surprise, if not now, then later ! You will pay for this not the company that has no earnings. Did you read the SEC filing ? You do have to be a lawyer to understand it but there where pasages about cash pay-offs if the stock drops and converisons later on from bonds or "NON VOTING" stock to common stock at a later point. And what about the earnings this week. Is this a deal that had to be done before earnings to soften the blow or that might not go thur after the earnings were known.
Hey, I may be wrong on all counts and as a stockholder I hope I am. I just like to look at all sides of an issue since i already lost half my investment in RVLT once already.